About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Hg Acquires Stakes in SmartTrade

Subscribe to our newsletter

French trading platform supplier SmartTrade last month quietly announced that private equity firm Hg had acquired stakes in the company from existing investors Keensight Capital and Pléiade Venture. SmartTrade isn’t saying much about the deal but in a statement reported that the existing management team under CEO David Vincent will remain in place and as investors.

Hg is an established investor in software businesses. It has form in the trading technology space, having been an investor in Ullink prior to its sale to Itiviti.

In its statement, SmartTrade said Hg will support the company’s innovation and R&D philosophy. It said the company has seen rapid growth in recent years with subsidiaries in London, Geneva, Milan, New York, Tokyo and Singapore.

For its part, Hg has been investing in capital markets and wealth and asset management technology for almost 20 years and has known the smartTrade team since 2015. Hg’s investment will be made from the Mercury 2 Fund. The investment represents the firm’s seventh investment in technology businesses serving the capital markets and wealth and asset management sectors, including previous investments such as FE fundinfo, a global fund data and technology leader, based in London and Zurich, and Ullink.

Ullink received a significant investment from Hg Capital in 2014, which subsequently decided to divest its stake and opened the door to the acquisition by Itiviti.

Hg was advised on the SmartTrade investment by White & Case, Deloitte and Bryan, Garnier & Co. smartTrade was advised by Arma Partners and Hoche Partners. The proposed investment is subject to French workers’ council consultations and customary clearances.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

Date: 20 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining...

BLOG

The Great Convergence: How AI, Data, and Open Platforms Are Redefining the O/EMS

For decades, the Order Management System (OMS) and the Execution Management System (EMS) occupied distinct roles within the trading process; the OMS handling the full order lifecycle, from creation to post-trade processing and compliance, and the EMS managing real-time order execution, routing, and optimisation across markets and venues. Today, a powerful convergence is reshaping this...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 9th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

A-Team Group’s Valuations Vendor Directory 2009

An indispensable guide to valuations professionals seeking providers of services in the asset valuations market. A-Team Group’s latest release in its series of directories – available for FREE download – focuses on vendors of valuations data, models and analytics. But this is not just another list of firms with their telephone numbers – you can get that...